Title :
Supply Chain Risk Evaluation Based on Fuzzy Multi-Criteria Lattice-Order Decision-Making
Author :
Wen, Lei ; Xi, Zhaocai
Author_Institution :
North China Electr. Power Univ., Baoding
Abstract :
Supply chain risk management includes the estimating of risk through risk identification and analysis, risk evaluation or assessment. In the paper, using the method of fuzzy multi-criteria lattice-order decision-making to evaluate the potential risks through ranking and structuring the risks. Normalizing the fuzzy risk evaluation matrix, through triangular fuzzy number calculation and comparing each risk with the positive ideal risk (PIR) and negative ideal risk (NIR), making supply chain enterprise´ main risks´ ranking more reasonable so that the enterprise can take corresponding measure to the high rank risks , without doubt that such work can greatly help the supply chain risk management.
Keywords :
decision making; fuzzy set theory; risk management; supply chain management; fuzzy multi-criteria lattice-order decision-making; fuzzy risk evaluation matrix; negative ideal risk; positive ideal risk; risk analysis; risk assessment; risk evaluation; risk identification; supply chain risk management; Automation; Companies; Decision making; Fuzzy set theory; Lattices; Logistics; Monitoring; Risk analysis; Risk management; Supply chains; Lattice-Order; Supply Chain Risk Evaluation; Triangular Fuzzy Number;
Conference_Titel :
Automation and Logistics, 2007 IEEE International Conference on
Conference_Location :
Jinan
Print_ISBN :
978-1-4244-1531-1
DOI :
10.1109/ICAL.2007.4338797